GIGL vs. AAAU
GIGL (Goldman Sachs Corporate Bond ETF) and AAAU (Goldman Sachs Physical Gold ETF) are both exchange-traded funds - GIGL is a Corporate Bonds fund managed by Goldman Sachs, while AAAU is a Gold fund tracking the LBMA Gold PM Price. Over the past year, GIGL returned 4.94% vs 20.50% for AAAU. At a 0.25 correlation, their price movements are largely independent. GIGL charges 0.29%/yr vs 0.18%/yr for AAAU.
Performance
GIGL vs. AAAU - Performance Comparison
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Returns By Period
In the year-to-date period, GIGL achieves a 1.13% return, which is significantly higher than AAAU's -6.75% return.
GIGL
- 1D
- 0.06%
- 1M
- 1.03%
- YTD
- 1.13%
- 6M
- 0.93%
- 1Y
- 4.94%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AAAU
- 1D
- 0.97%
- 1M
- -10.77%
- YTD
- -6.75%
- 6M
- -10.23%
- 1Y
- 20.50%
- 3Y*
- 27.69%
- 5Y*
- 17.51%
- 10Y*
- —
GIGL vs. AAAU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GIGL Goldman Sachs Corporate Bond ETF | 1.13% | 3.76% |
AAAU Goldman Sachs Physical Gold ETF | -6.75% | 29.21% |
Correlation
The correlation between GIGL and AAAU is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 26, 2025 | 0.25 |
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Return for Risk
GIGL vs. AAAU — Risk / Return Rank
GIGL
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
AAAU
GIGL vs. AAAU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Corporate Bond ETF (GIGL) and Goldman Sachs Physical Gold ETF (AAAU). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| GIGL | AAAU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.16 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 0.79 | — |
| Martin ratioReturn relative to average drawdown | — | 2.20 | — |
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Drawdowns
GIGL vs. AAAU - Drawdown Comparison
The maximum GIGL drawdown since its inception was -3.13%, smaller than the maximum AAAU drawdown of -26.14%. Use the drawdown chart below to compare losses from any high point for GIGL and AAAU.
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Drawdown Indicators
| GIGL | AAAU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.13% | -26.14% | +23.01% |
Max Drawdown (1Y)Largest decline over 1 year | -3.13% | -26.14% | +23.01% |
Max Drawdown (3Y)Largest decline over 3 years | — | -26.14% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -26.14% | — |
Current DrawdownCurrent decline from peak | -0.39% | -25.43% | +25.04% |
Average DrawdownAverage peak-to-trough decline | -0.72% | -6.30% | +5.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 9.33% | — |
Volatility
GIGL vs. AAAU - Volatility Comparison
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Volatility by Period
| GIGL | AAAU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 8.68% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 24.26% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 4.17% | 27.44% | -23.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.17% | 18.14% | -13.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.17% | 17.19% | -13.02% |
GIGL vs. AAAU - Expense Ratio Comparison
GIGL has a 0.29% expense ratio, which is higher than AAAU's 0.18% expense ratio.
Dividends
GIGL vs. AAAU - Dividend Comparison
GIGL's dividend yield for the trailing twelve months is around 3.75%, while AAAU has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
AAAU Goldman Sachs Physical Gold ETF | 0.00% | 0.00% |
GIGL Goldman Sachs Corporate Bond ETF | 3.75% | 2.12% |
Frequently Asked Questions
GIGL and AAAU have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On 1-year performance, AAAU leads with 20.50% vs 4.94% for GIGL. On fees, AAAU is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, AAAU has performed better with a 20.50% return vs 4.94%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
AAAU is cheaper with a 0.18% expense ratio, compared with 0.29% for GIGL.
GIGL has the higher dividend yield at 3.75%, compared with 0.00% for AAAU.
GIGL is categorized as Corporate Bonds, while AAAU is Gold. Their fees differ too: 0.29% for GIGL and 0.18% for AAAU.
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